economy

economy

Vendors hunt for unharvested maize

Vendors hunt for unharvested maize

Africa-Press - Malawi. Farmers, primarily those in rural areas, are selling unharvested maize and other crops at significantly reduced prices to unscrupulous vendors, The...
Imports ban spares services sector

Imports ban spares services sector

Africa-Press - Malawi. Minister of Industry and Trade Vitumbiko Mumba admitted the import ban needs to be extended to services as there is huge...
Standard Bank profit up 64 percent in 2024

Standard Bank profit up 64 percent in 2024

Africa-Press - Malawi. Standard Bank Malawi plc has posted a 64 percent increase in profit-after-tax for 2024 to K86.4 billion, amid a challenging economic...
Reserve Bank of Malawi for financial inclusion

Reserve Bank of Malawi for financial inclusion

Africa-Press - Malawi. The Reserve Bank of Malawi (RBM) on Monday launched Global Money Week at Bangwe Secondary School in Blantyre, aiming to equip...
National Bank of Malawi Donates K3 Million to Support SWAM Elective General Meeting

National Bank of Malawi Donates K3 Million to Support SWAM Elective General Meeting

Africa-Press - Malawi. The National Bank of Malawi (NBM) Plc, widely known as the “Bank of the Nation,” has boosted the Sports Writers Association...
Opposition raps budget

Opposition raps budget

Africa-Press - Malawi. PHIRI—We are not happyOpposition Democratic Progressive Party (DPP) and United Democratic Front (UDF) Monday took turns in punching holes in the...
Retired MDF soldiers triumph in K4.7 billion case

Retired MDF soldiers triumph in K4.7 billion case

Africa-Press - Malawi. The High Court sitting in Blantyre has ruled in favour of 460 retired Malawi Defence Force (MDF) soldiers, ordering the government...
Mixed outlook for Balance of Payment position

Mixed outlook for Balance of Payment position

Africa-Press - Malawi. By Benadetta Chiwanda Mia: Malawi’s economy is poised to continue facing significant challenges with a weak balance of payment (BoP) position for...
Malawians invest K80 billion abroad

Malawians invest K80 billion abroad

Africa-Press - Malawi. By Kingsley Jassi: Outbound investments have been increasing over the past four years, surging to K80 billion in 2023, the Reserve Bank...
Is Malawi’s green gold diminishing?

Is Malawi’s green gold diminishing?

Africa-Press - Malawi. Malawi has a long history of tobacco production, which started in the colonial era. Commercial tobacco farming in the country began in...